TMZ Live 02/09/12: Lisa Lampanelli -- Arnold and Stallone Are FRAUDS

Comedy's Queen of Mean Lisa Lampanelli reigned over the newsroom today ... and her first order of biz -- busting Arnold Schwarzenegger and Sly Stallone for their "coincidental" hospital photo. Conspiracy!
Also, Lisa tells us about her upcoming "Celebrity Apprentice" stint -- trust us ... she blasts everyone on the show, with one shocking exception.
Plus, Coco's naked pic with her nephew -- some TMZ staffers think it's creepy, while Lisa has a tip about Internet nudity ... in general.